US consumer confidence falls for 2nd month

Published September 27, 2013 10:27am ET



WASHINGTON (AP) — U.S. consumer confidence declined this month as Americans turned more pessimistic about the economy, their own finances, and government budget policies.

The University of Michigan says its final reading of consumer sentiment dropped to 77.5 in September from 82.1 in August. It was the second straight decline after confidence reached a six-year high of 85.1 in July.

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